Royal Caribbean Cruises Ltd. (NYSE:RCL) is among our Best Value Stocks to Buy for Long-Term Investments. On May 1, Mizuho raised the company’s price target for Royal Caribbean Cruises Ltd. (NYSE:RCL) from $377 to $380 and maintained an Outperform rating on the stock.
The rating follows Royal Caribbean’s first quarter 2026 earnings release announced on April 30. During the quarter, the company posted $4.5 billion in revenue, an 11% year-over-year increase, and GAAP EPS of $3.48, which exceeded management’s guidance. Management noted that the strong results were driven by favorable revenues, lower costs and strong joint venture performance. The quarter also represented a record WAVE season and continued strong demand across all brands. Additionally, gross margin returns increased 6.9% as reported.
Looking ahead, the company expects revenue to grow approximately 10% year-over-year, while net returns are expected to increase between 2.3% and 3.3% in constant currency. The expected slower growth rate of net returns is due to recent geopolitical developments affecting Mediterranean and West Coast Mexico itineraries.
Royal Caribbean Cruises Ltd. (NYSE:RCL) is a global cruise company operating under the brands Royal Caribbean International, Celebrity Cruises and Silversea Cruises, among others, offering a wide range of itineraries.
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